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Proposal:Charitable Act

This proposal is archived and closed to further debate. It was introduced in the 118th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Charitable Act

This bill allows individual taxpayers who do not otherwise itemize their tax deductions a deduction in taxable years beginning in 2023 or 2024 for charitable contributions. The deduction is limited to one-third of the standard deduction allowed to such taxpayers.

Bill Title

Charitable Act

Linked Goals

Steps

  • 2023-02-28: Read twice and referred to the Committee on Finance.
  • 2023-02-28: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.